In favor of the mixed economy is the reduction in the amount of government regulation and control, government regulation can protect citizens from abusive monopolies, it allows people to working hard and reaping the benefits of their labor encourages entrepreneurship, and industries left to private enterprise tend to be more efficient than if they were controlled by the government. While some of the disadvantages of a mixed economy include the difficulty of knowing how much government intervention is needed or wanted, more government means more taxes and the cost of production may not be fully covered by the supplier. Since a mixed economy is a creation of the positive aspects of both capitalism and socialism, it is also a mix of seeking personal profit and pursuing collective goals. The United States is considered a mixed country
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